LENDINGTREE INC NEW

Ticker: TREE CUSIP: 52603B107 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 81,300 Value ($000) $7,950 Avg Close — Range —

Q4 2015

Shares 14,900 Value ($000) $1,330 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	81,300	$7,950	—	—
Q4 2015	14,900	$1,330	—	—